Melbourne inner north west ยท VIC 3039

Buyers agent in Moonee Ponds

Three percent a year for a decade, and the last twelve months have been the best of them.

Figures below are August 2026, suburb level, all bedroom counts. Full Moonee Valley council report.

The Moonee Ponds numbers

Houses

$1,548,540

Typical price

$819

Weekly rent

2.75%

Gross yield

+3.0%

Growth a year, 10yr

+5.8%

Growth, last 12mth

220

Sales a year

Units

$709,722

Typical price

$646

Weekly rent

4.73%

Gross yield

+1.9%

Growth a year, 10yr

+2.5%

Growth, last 12mth

313

Sales a year

Vacancy rate 1.30% across roughly 9,733 dwellings. HtAG Analytics, suburb level, all bedroom counts. Typical price is a modelled estimate, not a median of recent sales.

The honest read

What I'd tell you over a coffee

Moonee Ponds houses have grown 3.04% a year over ten years to $1,548,540, and 5.81% in the last twelve months.

The middle of that decade was flat. Five years at 0.65% a year is the number that tells you the recent move is recent.

The yield is 2.75%, about $819 a week on a $1.5m house. That is thin, and it is the main thing working against the suburb as an investment.

Rent has grown 4.11% a year over the decade and vacancy is 1.30%, so the rental side is solid. There are more units trading than houses, 313 against 220, which tells you what has been built here.

Unit growth of 1.94% a year on a 4.73% yield. The same story as most of inner Melbourne.

220 house sales a year across about 9,733 dwellings, so the good streets do not come up often.

Who Moonee Ponds suits

Owner occupiers who want a period house six kilometres from town with a train line and a village strip. On the numbers it has been a middling investment and a very good place to live.

What I'd watch

The 2.75% yield. On a $1.5m purchase that is a large holding cost, and five year growth of 0.65% a year is not going to cover it for you.

How I work

  • Flat $20,000 fee, whatever you buy and wherever it is
  • No commissions from agents, developers or builders
  • I'll tell you when a suburb doesn't stack up, including this one
How the process runs

Fair questions

Buying in Moonee Ponds, answered

Is Moonee Ponds a good investment?

It has been an average one. 3.04% a year over ten years is better than most of inner Melbourne on this list, but a 2.75% yield on a $1,548,540 house makes it expensive to hold while you wait.

What is happening in the last year?

5.81% growth, the best twelve months of the decade. Five years at 0.65% a year is the context. Treat one good year as a signal to watch, not a trend to buy on.

Houses or units here?

Houses on growth, 3.04% a year against 1.94%. Units on yield, 4.73% against 2.75%. Neither is a standout. If you want inner north west growth, Coburg has done better than both.

Thinking seriously about Moonee Ponds? Read the full Moonee Valley council report before you look at a single listing.

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